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TrustBase

TrustBase

TrustBase is a Polkadot parachain based on the Substrate framework that independently develops the Subscript smart contract language and supports a variety of tool plug-ins and smart contract applications.

OverviewStructured DataIssuesContributors

Contents

trustbase.network
Is a
Organization
Organization
Company
Company
Cryptocurrency
Cryptocurrency

Company attributes

Industry
Distributed ledger
Distributed ledger
Cryptocurrency
Cryptocurrency
Decentralized Finance
Decentralized Finance
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Blockchain
Blockchain
Smart contract
Smart contract
B2X
B2B
B2B
Pitchbook URL
pitchbook.com/profiles...469333-54
Email Address
trustbaseplatform@outlook.com
Investors
Newave Capital
Newave Capital
0
Angelone Capital
Angelone Capital
0
Khosla Ventures
Khosla Ventures
AU21 Capital
AU21 Capital
Waterdrip Capital
Waterdrip Capital
Dealean Capital
Dealean Capital
Business Model
Commerce
Exchange
MEXC Global
MEXC Global
0
Gate.io
Gate.io
0

Cryptocurrency attributes

Ticker Symbol
TBE
Maximum Supply
1,000,000,000
Block Explorer URL
polkadot.subscan.io
hecoinfo.com/token/0x...7dfb6a6c3

Other attributes

CoinGecko ID
trustbase0
Company Operating Status
Active
Strategic Partnerships
Ares Protocol
Ares Protocol
Khala Network
Khala Network
Cryptocurrency Symbol
TBE
Medium URL
medium.com/@BaseTrust
Public/Private
Private

  • TrustBase is a Polkadot parachain based on the Substrate framework that independently develops the Subscript smart contract language and supports a variety of tool plug-ins and smart contract applications. As an infrastructure project in the Polkadot ecosystem, TrustBase has received the certification support from the Web3 Foundation Grant. At the same time, the Subscript smart contract language has delivered the first phase of exploitation result to the Web3 Foundation. TrustBase is committed to providing traditional developers with a more lightweight language, which can easily deploy Polkadot’s native smart contracts, and assist developers to participate into the construction of the Polkadot ecosystem without barriers.
  1. TrustBase Structure In terms of function, TrustBase researched and realized the integrated security

development and cross-chain deployment of smart contracts based on WASM. Provides a

complete and easy-to-use development tool support. This is a new generation of

lightweight developer tools.

The TrustBase parachain is developed based on the Substrate framework. Based on the

WASM virtual machine and P2P network, TrustBase has built multiple runtime modules to

process transactions on the chain. The runtime module of TrustBase is written in Rust

language, compiled into WASM format and built into the client. Each runtime module of

TrustBase can be independently upgraded online by redeploying WASM code

2.The TrustBase runtime includes the following functions:

1) Account system: The account system stores all user account information and balance data. TrustBase's account status supports balance lock and penalty;

2) Pledge: The pledge module defines the pledge and delegation information of the

validator. Handle the pledge, reward and profit distribution of all validators;

3) On-chain Vault: Part of the block rewards and penalties will be collected into the

on-chain vault. The funds in the treasury distribute financial support for the TrustBase

ecosystem through on-chain governance. Maintain the technology development of the

TrustBase development community;

4) Governance: TrustBase token holders can use governance, initiate proposals, execute community on-chain voting, and participate in TrustBase community decision-making without access.

3.Governance Model

The design purpose of the TrustBase governance model is to keep the security of the

project and the collaboration of the participants consistent with the development direction

of TrustBase through the value-added of the token. On the one hand, it ensures that

participants obtain corresponding benefits by participating in the ecological development

of TrustBase. On the other hand, participants can maintain the stability and security of the

TrustBase network through the consistent design of economic goals. While pursuing their

own interests, all participants also contribute to TrustBase's ecological network.

Development Plan

TrustBase is a Polkadot parachain based on the Substrate framework that independently develops the Subscript smart contract language and supports multiple tool plug-ins and smart contract applications. As an infrastructure project for Polkadot Ecology, Trustbase has received a Web3 Foundation Grant.

Focusing on providing a lighter language for traditional developers, enabling easy deployment of Polkadot native smart contracts, Help developers to participate in the ecological construction of Polkadot without barriers, and form a powerful ecosystem for the multi-development of Polkadot - Trustbase parallel chain - smart contract.

Focusing on providing a lighter language for traditional developers, enabling easy deployment of Polkadot native smart contracts, Help developers to participate in the ecological construction of Polkadot without barriers, and form a powerful ecosystem for the multi-development of Polkadot - Trustbase parallel chain - smart contract.

What is the relationship between TrustBase and Polkadot?

TrustBase is one of Polkadot's top 100 parachains. It is based on the Substrate framework to build a new generation of high-performance WASM smart contract platform on Polkadot. Committed to achieving the goal of Web3.0 through decentralized technology and forming a powerful ecology of Polkadot-Parachain-Smart Contract/DAPP. TrustBase has received support from the "Web3 Foundation Grant Program".

TrustBase Roadmap
  1. April 2020 : Subscript contract language development
  2. September 2020 : All transaction fees are paid for withTBE.
  3. November 2020 : Market plan formulation and execution
  4. December 2020 : The validator node candidate criteria were released
  5. February 2021 : Market plan formulation and execution
  6. March 2021 : launch the TrustBase smart contract deployment test CC2 version
  7. April 2021 : Connect to the Polkadot relay chain and participate in the parachain slot auction through DOT crowdfunding. Provide cross-chain interoperability for contracts
  8. May 2021 : Ecological expansion, Trustbase application scenario landing
  9. October 2021 : Layer 2 will be expanded, adding Layer 2 network expansion to provide network throughput.
  10. December 2021 : A cross-chain bridge will be built, linking Ethereum, Bitcoin and other public chains
  11. January 2022 : Provide network sharding of contract parachains to achieve real network expansion and support for Web3.0 application development
  12. Developer Team
  13. The core developer team is headquartered in Berlin, Germany, and is personally led by
  14. TrustBase CTO: Mr. Symon Ho. The team is composed of PhDs and experts in
  15. cryptography, security models and messaging protocols; they mainly focus on (provable)
  16. security Decentralized algorithms for security, cryptography, and privacy: consensus and
  17. optimization cryptoeconomics and game theory.
  18. The other 15 members of the developer community come from three countries and regions:
  19. the United States, Germany, and China. Under the leadership of Symon Ho, they jointly
  20. participated in the construction and development of Subscript language optimization

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

GitHub - TrustBase/trustbase: Smart Contract parachain interoperate with Polkadot and Ethereum

https://github.com/TrustBase/trustbase

Web

overview for TrustBase

https://www.reddit.com/user/TrustBase

Web

December 9, 2020

TrustBase

https://t.me/TrustBasenetwork

Web

TrustBase - A Polkadot Gem

https://www.youtube.com/watch?v=ANRMWBss-9g

Web

February 14, 2021

TrustBase (@TrustBase_Net) | Twitter

TrustBase

https://twitter.com/TrustBase_Net

Web

November 27, 2020

References

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